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Posted on 4:47 PM by Wanto and filed under
By Ian Kleine
New Hampshire is tagged as the "Granite State" thanks to its geological composition and because of the rock's hardy qualities. New Hampshire remains to be the most sturdy off the Northern states, thanks to the combination of its innovation and artful use of technology.
New Hampshire basically lives off its agricultural aggregates. Most of the products are usually of poultry and cattle. Most of which are dairy products, nursery stocks for other states and/or farms, cattle products (like meat, and bones for gelatin production) apples and eggs. The industrial section has machinery, rubber, electrical equipment, plastics and plastic products, and tourism. The state had started off with shoe-making and textile, but due to an economic shift, all present industries have taken the lead. It was all due to the promises of cheaper wages and the industrial revolution that had led to the death of these small companies.
The state in itself, has one of the lowest energy consumption rates in the whole country, thanks to the non-use of electricity as the source for home heating during winter times. The summers are mild too, so the households do not have much use for air conditioning as well. New Hampshire households use oil and burners for heating. The state has the potential to go green and use renewable sources of energy to fuel their power plants.
The state does not have a general sales tax and personal state income tax (though there is a five percent from interest and dividends). Also, the state does not have a tax-system that is broad. With this, New Hampshire remains to be in rankings with combined state and local tax burden.
The state is a good base for starting businesses, as there is an untapped market in New Hampshire. With the right direction, and persuasion; a potentially new and successful market could be achieved.
New Hampshire basically lives off its agricultural aggregates. Most of the products are usually of poultry and cattle. Most of which are dairy products, nursery stocks for other states and/or farms, cattle products (like meat, and bones for gelatin production) apples and eggs. The industrial section has machinery, rubber, electrical equipment, plastics and plastic products, and tourism. The state had started off with shoe-making and textile, but due to an economic shift, all present industries have taken the lead. It was all due to the promises of cheaper wages and the industrial revolution that had led to the death of these small companies.
The state in itself, has one of the lowest energy consumption rates in the whole country, thanks to the non-use of electricity as the source for home heating during winter times. The summers are mild too, so the households do not have much use for air conditioning as well. New Hampshire households use oil and burners for heating. The state has the potential to go green and use renewable sources of energy to fuel their power plants.
The state does not have a general sales tax and personal state income tax (though there is a five percent from interest and dividends). Also, the state does not have a tax-system that is broad. With this, New Hampshire remains to be in rankings with combined state and local tax burden.
The state is a good base for starting businesses, as there is an untapped market in New Hampshire. With the right direction, and persuasion; a potentially new and successful market could be achieved.
About the Author:
Taking a vacation in New Hampshire? Why not make it worth the trip? New Hampshire craft shows. Visit New Hampshire craft fairs, that's what I use to check up on mine.
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